Booker Group Share Discussion Threads

[blunderbuss] 14/11/2017 08:49

Good news, took rather longer than expected

[ganthorpe] 09/11/2017 09:11

As a simple punter I see BOK at 198P and with TSCO at 175.5P the offer value seems to be about 193.5P.
Personally I would not be keen to sell BOK at that offer price to get TSCO shares. If I wanted TSCO I would buy them in the Market.
Surely TSCO are going to get their share price up again or improve the offer.
Or abandon what has always looked an odd and controversial deal.It just drags on and on.

[woodpeckers] 22/8/2017 19:30

Certainly looks like something afoot today. BOK and Tesco both up substantially. Wondering if it is due to Parfett's comments. He certainly seems concerned that the deal looks like going ahead based on comments in the press over the last day or two.

[xc1] 11/8/2017 20:02

Debby Silly.

[xc1] 10/8/2017 18:03

worth at punt at 90p

[woodpeckers] 20/4/2017 10:52

Well it certainly looks like the market thinks that the merger won't happen. It will be interesting to see if it does. My bet is still that it will, CW is a pretty determined and thorough chap, if anyone can make it happen it will be him.

[kazoom] 15/3/2017 20:44

The answer is not in the charts here Bapodra; it's all in whether the competition authorities challenge the deal.

Tesco described is as "low risk", but I really don't understand that point of view, to me it is plainly anticompetitive - taking out a substantial competitor in the "convenience" space and taking up one of the main supliers into that same market.

I presume Tesco made that statement as a bit of a gambit, assuming that the CMA are either toothless or clueless; but I can't personally see how this would get an easy pass.

Anyone know the timelines?

[woodpeckers] 30/1/2017 09:57

spob, obviously the CMA could block the deal but it is being described as 'low risk' and both companies have the top dogs working on it. To get to this stage will have involved months of preparation. Companies don't tend to go to that amount of trouble and expense if they think there is a real chance that they are wasting their time. But as you say, the risk should be considered.

[spob] 30/1/2017 09:45

... if the CMA blocks the deal ... how much do you lose ?